This study provides an assessment of fisheries policy in Mexico since 1990 against the objectives set for the sector by the government of Mexico. These objectives have shifted significantly over the period from 1990 to the present as the governments and their policy priorities have changed. Meanwhile, the fundamental concern for policy development is that the fisheries sector be placed on a sustainable basis with respect to resource utilisation, generation of resource rent, economic profitability, and sustainable livelihoods for fishing communities. The reforms that have been instituted over the period have sought to address parts of these concerns, but from different perspectives and with different priorities underlying policy actions. The conclusions and recommendations presented in this chapter seek to provide some guidance to policy makers on the effectiveness of the current fisheries policy framework and the priorities for future policy developments.